Flex Warehouse with Duplex
1111 3rd Ave No Nampa, ID 83687
For Sale
$629,900
Pending
Industrial flex warehouse with separate entrances, offices, bathrooms, and warehouse space plus fenced truck-ready yard.
Property Size2,000 SF
Days on Market98
Property Features for 1111 3rd Ave No
General Information
Standard status
Pending
Size
2,000 SF
Property subtype
Commercial
Building Details
Year Built
2007
Listing Agency:
Team Realty
(208) 631-3999
Listed By:
Mary Vis
(208) 631-3999
Source:
Thgboise
Added: Apr 24
Changed: Jul 29
Last Checked: Jul 29 at 10:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Team Realty
Investment Insights
Based on property information with market context.
This flex warehouse combines office and warehouse functionality with a duplex-style configuration. The property includes two sides with separate entrances, each supporting offices, bathrooms, and warehouse space. A front office is paired with a back shop area and an upstairs loft that can be used for storage or workspace. Loading is supported by 14-foot roll-up doors.
Located in Nampa, Idaho, the site provides easy access to I-84. The exterior features a fenced yard with a circular drive designed for truck movement.
As described, the layout supports an income-producing option by leasing one side while operating the other, making it well-suited for an owner-user seeking flexibility in a long-term setting.
Located in Nampa, Idaho, the site provides easy access to I-84. The exterior features a fenced yard with a circular drive designed for truck movement.
As described, the layout supports an income-producing option by leasing one side while operating the other, making it well-suited for an owner-user seeking flexibility in a long-term setting.
Key Highlights
- Industrial flex warehouse built in 2007 with office, bathroom, and warehouse space in one building
- Duplex‑style layout with separate entrances, offices, bathrooms, and warehouse space
- Includes 14 ft roll‑up doors for loading and unloading
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.0k | $21.00 |
| − Vacancy | −$7.6k | −$3.78 |
| EGI | $34.4k | $17.22 |
| − OpEx | −$8.6k | −$4.31 |
| NOI | $25.8k | $12.92 |
2,000 SF · lease $21.00/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$369.0K
$322.9K – $430.5K
NOI $25,830 @ 7.0% cap · market cap 4.10%
Second Best
Warehouse
$298.1K
$260.9K – $347.8K
NOI $20,869 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$505.9K
$442.7K – $590.2K
NOI $35,414 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex warehouse with separate entrances, offices, bathrooms, and warehouse space plus fenced truck-ready yard.
Where is this flex space located?
The property is located at 1111 3rd Ave No Nampa, ID.
What is the asking price?
The asking price for this property is $629,900.
What are key features of this property?
This property features: Industrial flex warehouse built in 2007 with office, bathroom, and warehouse space in one building; Duplex‑style layout with separate entrances, offices, bathrooms, and warehouse space; Includes 14 ft roll‑up doors for loading and unloading
